FiTs

United Kingdom Feed-in Tariffs

November 16, 2012

Westmill Solar Farm Acquired By Local Cooperative

It has just come to my attention that a couple of weeks ago Westmill Solar Park near Watchfield in Wiltshire was finally acquired by a local co-operative. According to their press release:

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August 22, 2012

InfraRed Capital Acquires Three Cornish Solar Parks

According to a Royal Bank of Scotland press release last week:

London-based InfraRed Capital Partners Limited, one of the UK’s leading environmental infrastructure investors, has acquired three ground-mounted solar parks in Cornwall with debt financing from a consortium of banks – Royal Bank of Scotland Corporate & Institutional Banking, HSBC Bank Plc and Santander Global Banking and Markets.

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July 8, 2012

The Award Winning Eden Project Solar PV "Staff Share" Scheme

The 7th Annual British Renewable Energy Awards took place at the end of last month. It has just been announced that the the Eden Project's "SolarFair" solar power scheme achieved the "runner-up" position in the "Flagship Project Award" category.

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June 30, 2012

South Hams DC Approves 8 MW Solar Park at Marley Thatch Farm near South Brent

The Farmer's Guardian reports this morning that:

Planning approval has been granted for the largest UK solar project to date.

The 8MW project will provide the South West of England based farm with a guaranteed rental income over the next 25 years, and enough electricity to power 2,500 homes. The 27,924 PV panels will be installed over five interconnected fields on a site comprising 15.4 hectares, [at  Marley Thatch Farm] near South Brent in Devon.

The report makes it clear that in this day and age the financial incentive for this (and other large scale solar PV farms in the area) is no longer the Feed-in Tariffs (FiTs for short):

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